Dimon says JPM may seek clawbacks on losing trades
TAMPA, Fla. May 15 (Reuters) - JPMorgan Chase & Co may pursue clawbacks of past compensation from executives involved in bad trades that cost the bank billions of dollars, Chief Executive Jamie Dimon said on Tuesday.
Dimon, speaking briefly to reporters after the company's annual meeting in Florida, said the company plans to take further disciplinary action after a probe into the trades ends.
- Exclusive: Angry with Washington, 1 in 4 Americans open to secession
- Secret Service investigates after man jumps White House fence, reaches doors
- French jets strike in Iraq, expanding U.S.-led campaign against Islamic State |
- Scots spurn independence in historic vote, devolution battle begins |
- N.Korea says imprisoned American tried to become 'second Snowden'